The broad markets, and crude oil futures, received a boost from the Federal Reserve after they announced more quantitative easing would be on its way. However, three energy stocks did not need the Fed’s help, as they soared past all the major indices. Heckmann gained 6.2%, still showing momentum from its acquisition of Power Fuels last week. Magnum Hunter Resources and Alpha Natural Resources outdid Heckmann, increasing their recent gains. Check out the video below for a recap on today’s high flyers.
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Austin Smith has no positions in the stocks mentioned above. Joel South has no positions in the stocks mentioned above. The Motley Fool owns shares of Heckmann and has the following options: long JAN 2014 $4.00 calls on Heckmann. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.